US adds Switzerland to watchlist

By Agence France-Presse

Jun 18, 2023 12:12 am

WASHINGTON, D.C.: None of the United States' major trading partners has been designated as manipulating its currency — including China — the Treasury Department said Friday, although Switzerland was added to a 'monitoring list.'

China also warrants close observation, the Treasury added in a biannual report to Congress, over its failure to publish information on foreign exchange interventions and a 'broader lack of transparency around key features of its exchange rate mechanism.'

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Weak growth could prompt fresh rate cut

Peso hits over 2-year low; stock market extends rally

BSP official: GCash probe finished by mid-December

P701B in 'green lane' projects OKd

BHI Holdings Inc. gives notice of annual stockholders' meeting

Ensuring sustainable water for all

Unorthodox leadership and true innovation